Real Estate News - Page 3

The Israeli real estate market is showing signs of recovery despite economic and geopolitical challenges. This positive trend is driven by several factors, even in a period of high-interest rates and ongoing conflicts. Factors of Recovery: Housing Need: Israelis prefer purchasing properties

Current Situation: After a temporary decline, housing prices in Israel have risen by 4.4% over the past five months. Key Factors: Supply and Demand: A persistent imbalance between high demand and limited new housing supply continues to drive prices up. Economic Conditions:

In May 2024, the Israeli real estate market reached a milestone with the average mortgage amount surpassing one million shekels for the first time since 2022. This increase results from a complex economic and geopolitical environment, where rising housing prices and resilient

In recent months, Israel’s residential real estate market has undergone significant changes, largely due to 20/80 financing offers. These innovative offers, where buyers pay 20% upfront and the remaining 80% upon receiving the property, have stimulated sales and altered the buyer demographic.

Tel Aviv is currently the scene of an intense conflict between the municipality and property owners. The discord primarily revolves around the preservation of architectural heritage and new modern constructions. The Tel Aviv municipality aims to preserve the historic character of certain

Rising Sales Amid Challenges The Israeli real estate market is showing signs of recovery despite ongoing geopolitical and economic challenges. In May 2024, there has been a significant increase in real estate transactions, particularly in major cities like Jerusalem and Haifa. This